CSCharityScored
81

Richfield Latch Key Child Care Center Inc

Human Services · Richfield, Minnesota

7020 12Th Ave S, Richfield, MN 55423-3337

EIN: 411383145· Founded: Dec 1981· 45 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$1.1M

Total Assets

$681K

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$79K

7.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$595K

Total Payroll

$674K

61% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 61%
Other overhead: 7%
Program Revenue$1.0M (94%)
Total Expenses$1.1M (100%)
Payroll$674K (61%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$79K total officer comp (7.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$681K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.